Industry News

Interest rate trouble

Cost of money for real estate rising
Published on Jun 15, 2004

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by CareyBot

Long-term mortgage interest rates were up Monday, and the benchmark 10-year Treasury bond yield surged to 4.87 percent. The 30-year Treasury bond yield climbed to 5.53 percent. The 30-year fixed-rate average inched up to 6.03 percent, and the 15-year fixed-rate rose ...